Singapore: Clearbridge to buy majority stake in dental group

Jeremy Yee, chairman, Biolidics

SGX-listed healthcare services group Clearbridge Health to acquire a majority stake in nine dental clinics in Singapore, operating under the brand name “Dental Focus”, for S$3.3m (US$2.4m). The 51% acquisition is being funded by bank borrowings and Clearbridge has a three-year right of first refusal to acquire another six dental clinics and ancillary dental services…

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